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5047 Iowa 3 11,434 SF 100% Leased Office Building Cherokee, IA 51012 $1,176,400 CAD ($102.89 CAD/SF)



Executive Summary
This property has many options for use. You could run 1 large business out of it or it could be broken up for several different uses. The main building consists of a 5,514 sq ft office space with up to 8 offices and a 5,920 sq ft shop space that has 5 overhead doors 12W x 14T all with openers, a caged parts room with an upper mezzanine, and a crew room/office. There is a separate pole/ warehouse building 4,992 Sq ft that is uninsulated with a concrete floor and overhead doors on both ends. Another insulated and heated garage with 3 overhead doors with 1,560 sq feet is also on the property. The equipment yard and large lay down yard is fenced with 6ft high chain link fence with 3 stranded of barbed wire on top. All of this sits on 7.42 acres with almost 1,360 feet of highway 3 frontage. This is an excellent property to start your business or expand an existing business. If your an investor looking to add to your rental portfolio, take a look!!!!
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
11,434 SF
Building Class
B
Year Built
1977
Price
$1,176,400 CAD
Price Per SF
$102.89 CAD
Percent Leased
100%
Building Height
1 Story
Typical Floor Size
11,434 SF
Building FAR
0.03
Lot Size
7.75 AC
Not walkable
10/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 7-16-201-002 | Improvements Assessment | $751,955 CAD |
| Land Assessment | $119,439 CAD | Total Assessment | $871,394 CAD |
Property Taxes
Parcel Number
7-16-201-002
Land Assessment
$119,439 CAD
Improvements Assessment
$751,955 CAD
Total Assessment
$871,394 CAD
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Presented by
Gustafson Realty
5047 Iowa 3
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